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Paperback version af The general theory of employment, interest, and money af John Maynard Keynes

The general theory of employment, interest, and money

- Keynes, J: General theory of employment, interest, and mone

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  • Format
  • Bog, paperback
  • Engelsk
  • 416 sider

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Beskrivelse

The central argument of The General Theory is that the level of employment is determined not by the price of labour, as in classical economics, but by the spending of money (aggregate demand).

Keynes argues that it is wrong to assume that competitive markets will, in the long run, deliver full employment or that full employment is the natural, self-righting, equilibrium state of a monetary economy.

On the contrary, underemployment and underinvestment are likely to be the natural state unless active measures are taken.

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Størrelse og vægt
  • Vægt475 g
  • Dybde2,3 cm
    • coffee cup img
    10 cm
    book img
    13,5 cm
    20,4 cm

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    Se andre, der handler om...

    Macroeconomics Keynesian economics Full employment Aggregate demand